The tax facilitation package, central to the Ministry’s reform strategy, consists of 20 measures to be implemented throughout FY2024/2025.
The newly approved legislation specifically targets businesses with annual revenues not exceeding EGP 15 million, he said during the weekly PM news conference.
Egypt is steadily progressing toward maintaining tax stability by building a balanced, supportive tax system that strongly backs the business community and promotes economic growth, stated Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA)
The workshop provided Egyptian tax officials with the knowledge and skills needed to audit state-owned enterprises (SOEs) under Law No. 159 of 2023, which eliminates tax exemptions for state-owned enterprises (SOEs).
El-Kilani shared that the tax facilitation package aims to establish a comprehensive tax system for businesses with annual revenues not exceeding EGP 15 million
